Meeting No. 71

Tuesday, May 30, 2000

The Standing Committee on Finance met at 6:52 p.m. this day, in Room 308, West Block, the Chair, Maurizio Bevilacqua, presiding.

Members of the Committee present: Maurizio Bevilacqua, Nick Discepola, Roger Gallaway, Albina Guarnieri, Sophia Leung, Yvan Loubier, Gary Pillitteri, Karen Redman and Paul Szabo.

Acting Member present: Paul Forseth for Richard Harris.

In attendance: From the Library of Parliament: Jean Soucy and Blayne Haggart, Researchers. From the Legislative Services: Wayne Cole, Legislative Clerk.

Witnesses: From the Department of Finance: Brian Ernewein, Director, Tax Legislation Division, Tax Policy Branch; David Senécal, Acting Chief, Tax Treaties, Tax Legislation Division, Tax Policy Branch.

The Order of Reference dated Friday, May 12, 2000, being now read as follows:

ORDERED, -- That Bill S-3, An Act to implement an agreement, conventions and protocols between Canada and Kyrgyzstan, Lebanon, Algeria, Bulgaria, Portugal, Uzbekistan, Jordan, Japan and Luxembourg for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.

The Chair called Clause 1.

By unanimous consent, the Parliamentary Secretary's statement was taken as read.

Clause 1 stood.

Clauses 2 to 53 carried, severally, on division.

Schedule I carried, on division.

Schedule II carried, on division.

Schedule III carried, on division.

Schedule IV carried, on division.

Schedule V carried, on division.

Schedule VI carried, on division.

Schedule VII carried, on division.

Schedule VIII carried, on division.

Schedule IX carried, on division.

Clause 1 carried, on division.

The Title carried, on division.

The Bill carried, on division.

ORDERED, -- That the Chair report Bill S-3, An Act to implement an agreement, conventions and protocols between Canada and Kyrgyzstan, Lebanon, Algeria, Bulgaria, Portugal, Uzbekistan, Jordan, Japan and Luxembourg for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income as the Sixth Report of the Committee.

At 6:53 p.m., the Committee adjourned to the call of the Chair.

Pat Steenberg

Clerk of the Committee